Abbreviated Company Accounts - TENNIS & SPORTS COURTS LIMITED

TENNIS & SPORTS COURTS LIMITED - Company Information

Registered Number 08126382

TENNIS & SPORTS COURTS LIMITED

Abbreviated Accounts

31 July 2016

TENNIS & SPORTS COURTS LIMITED Registered Number 08126382

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	8,584	11,890
		8,584	11,890
Current assets
Stocks		-	500
Cash at bank and in hand		439	18,662
		439	19,162
Creditors: amounts falling due within one year		(8,416)	(30,153)
Net current assets (liabilities)		(7,977)	(10,991)
Total assets less current liabilities		607	899
Accruals and deferred income		(400)	(400)
Total net assets (liabilities)		207	499
Capital and reserves
Called up share capital		100	100
Profit and loss account		107	399
Shareholders' funds		207	499

For the year ending 31 July 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 April 2017

And signed on their behalf by:
A Hainsworth, Director

TENNIS & SPORTS COURTS LIMITED Registered Number 08126382

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the
company in respect of goods and services supplied during the period, exclusive of Value
Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following
annual rates in order to write off each asset over its estimated useful life. Plant and
Machinery - 25% straight line, Fixtures and fittings - 20% straight line, Motor vehicles -
20% reducing balance.

Valuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after
making due allowance for obsolete and slow moving items. Cost includes all direct
expenditure and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 August 2015	19,919
Additions	1,000
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	20,919
Depreciation
At 1 August 2015	8,029
Charge for the year	4,306
On disposals	-
At 31 July 2016	12,335
Net book values
At 31 July 2016	8,584
At 31 July 2015	11,890